For only the second time three cities share the title of the world’s most expensive city – Singapore, Hong Kong and Osaka – according to the latest results from The Economist Intelligence Unit’s 2020 Worldwide Cost of Living Survey (WCOL).

Our second of three analysis pieces covering the US 2020 presidential election is now live. ‘How will the next US president address the business tax environment?’ looks at three potential scenarios and examines future tax structure, corporate profits, tax avoidance and offshoring amongst other US corporate tax issues.

The EIU nowcast for 2020 Q1 US GDP growth moved up to 2.02% (Y-on-Y) from 1.99% as on 28th Feb 2020. Overall, US data is still holding up against a backdrop of market turmoil. The impact of the coronavirus is yet to be seen in macroeconomic data.